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LBLOCK Price Forecast – June 11
The Lucky Block price forecast has shown resilience as buyers attempt to regain dominance.
Lucky Block Key Levels
Support Levels: $0.00004620 $0.00004240, $0.00005000
Resistance Levels: $0.00006000, $0.00006170, $0.00009000
Price Long-Term Trend – Bullish (Daily Chart)
Lucky Block recent movements indicate a battle between bullish and bearish forces. While the broader trend remains cautiously optimistic, the lack of strong momentum suggests a potential consolidation phase ahead.
Lucky Block Price Forecast – LBLOCKUSD Outlook
Recent price action reveals that Lucky Block has been trading within a defined range. The buyers are seen defending the $0.00004620 support level (marked by the Parabolic SAR). However, the inability to decisively break above $0.00006000 market zone highlights a struggle for bullish continuation.
Over the past month, LBLOCKUSD has seen volatility, with a high of $0.00005990 and a close at $0.00005170, reflecting indecision. The slight +0.15% daily gain suggests weak bullish momentum, requiring stronger volume for a sustained upward move.
After testing the $0.00005990 resistance, the price retraced, signaling seller pressure. However, the SAR ( Stop and Reverse) indicator remains below the price, reinforcing a short-term bullish structure. For a stronger recovery, buyers must hold above $0.00005000 psychological support. They can also break and close above $0.00006000 market area. The momentum indicator shows minimal movement, suggesting a need for increased buying pressure
Price Short-Term Trend – Bullish (4-Hour Chart)
In the short term, traders should watch $0.00006000 level which is a breakout level. A strong close above $0.00006000 with rising volume could trigger a move toward $0.00006170 significant zone. The Momentum indicator shows a progressive turn as buyers decide to maintain streak on the short time frame.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
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